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Seniors Are Getting Crushed by Biden s Inflation, and Nobody s Talking About It

by RYAN LEDENDECKER President Joe Biden’s crushing, record-high inflation continues to put everyday Americans in a tough spot, financially. With winter approaching and shortages of diesel and other critical fuels on Biden’s watch, millions of Americans will undoubtedly have a rough and scary winter

Difficult economy and loneliness forces some retirees to move in with family

An estimated 60 million Americans live in households with two or more adult generations, according to numbers from the Pew Research Center.

Transcripts for KPIX CBS Evening News With Norah ODonnell 20240604 23:44:00

home. but fete didn t have it that way. reporter: when you lot your husband, what changed about that? it was devastating. wasn t the same. house was just too big. reporter: expensive upkeep and isolation from covid led her to move in with her daughter and son-in-law and their five kids. open it up. reporter: olson loves being close to her family, and her daughter get some much needed help. i get to see the grandkids grow up. i am with them all the time. reporter: an estimated 60 million americans live in households with two or more adult generations. home shortages and high prices are forcing families to combine resources. according to aarp s rodney harrell. the economist loves it is just more efficient. we ve got people who can have a family caregiver. reporter: demand is so high. you have your living room. reporter: builder lennar s nextgen homes come with a separate wing and account for a nearly 30% of the company s sale in the phoenix area alone.

Retiring to Vacationland: Maine s growing attraction for retirees from away

For a growing number of older Americans, Maine isn’t just Vacationland it’s a desirable place to retire. While some come because of family or New England ties, others cite reasons from Maine’s cool climate that’s less prone to extreme weather and plentiful continuing education opportunities.

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